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Proximal Data Gets $2M For Caching Software

socalTECH

San Diego-based Proximal Data , which develops serve-side caching software for accelerating I/O access to virtualized machines, said this morning that it has raised $2M in a Series B round of funding. The funding came from Divergent Ventures, along with existing investors Avalon Ventures. The firm is led by Rory Bolt. READ MORE>>.

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Chumby Raises $3.0M More

socalTECH

Chumby has previously raised funding from Avalon Ventures, JK&B Capital, Masthead Venture Partners, and O'Reilly AlphaTech Ventures. Chumby's Internet device allows users to run information widgets, and includes tools for developers which makes it easy to create those software widgets to connect to Internet services.

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Broadcom, Chumby Link On Set Top Box Effort

socalTECH

Irvine-based Broadcom and San Diego-based Chumby are working together to integrate Chumby's technology into set top boxes, the firms announced this morning. According to the companies, the integration of that technology onto Broadcom's digital TV chips will allow users to personalize their user experience on Internet-connected TVs.

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Awarepoint Raises $13.3M

socalTECH

The firm said the round was led by Cardinal partners, and also included Venrock and prior investor Avalon Ventures. Awarepoint develops real-time location systems (RTLS), which uses wireless RFID technology to monitor the location of hospital equipment, patients, and doctors.

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How ScoreStream Is Crowdsourcing Its Way Into High School Sports Media

socalTECH

After Chumby, I was EIR for Avalon Ventures, and was looking at a couple of different opportunities, ranging from 3D printing, to Machine-to-Machine communications, medical IT, and sports there. It's actually nice that there is a shortage of capital for sports startups. Derrick Oien: We started ScoreStream three years ago.

Media 100
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How SportStream Is Crowdsourcing Its Way Into High School Sports Media

socalTECH

After Chumby, I was EIR for Avalon Ventures, and was looking at a couple of different opportunities, ranging from 3D printing, to Machine-to-Machine communications, medical IT, and sports there. It's actually nice that there is a shortage of capital for sports startups. Derrick Oien: We started Sportstream three years ago.

Media 100
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Plug and Play San Diego Finds Home in New Downtown Works Space

Xconomy

Downtown Works is a co-working space for technology startups that opened last month in a completely renovated office building at the corner of India and West B streets. The co-working space occupies the top floor and mezzanine of the building, and includes shared desks, offices, conference rooms, kitchen, and rooftop deck. It’s really cool.”.